Category Archives: Founder

Adam Milstein: Business-Minded Preservator of Israeli-American Relations

Posted on 14 August, 2018 in Advisor, Author, Business Leaders, Entrepreneur, Founder, Human Rights, Investor, Leader

Adam Milstein is a man who prioritized his life’s endeavors around the acquisition of business and philanthropy. Growing up as a native in the State of Israel, Milstein became inspired by his cultural experiences to make a positive impact upon the Jewish community by safeguarding the livelihood of the Jewish people. In 1973 while he was at the age of 19, Milstein fought in the Yom Kippur War as a troop within the Israeli Defense Forces. For Milstein, his active involvement in the war signified a major philanthropic milestone within his life because it ingrained him the motivation to fulfill additional acts of benevolence throughout his life.

After Israel claimed victory in the war, Adam Milstein found a mate and married. In the years that followed, he attended the Israel Institute of Technology and graduated in 1978 with a science degree based in Industrial and Business Management. In 1981, Adam Milstein and his family made the decision to move from Israel to live in the United States. Once in the U.S., Milstein based his business pursuits out of the state of California. But prior to even doing that, he knew that it would be critically beneficial to the manifestation of his goals for him to receive additional within the field of business. Therefore, he attended the University of Southern California and graduated with his MBA in 1983. Nonetheless, with two degrees under his belt, Adam Milstein sought to actualize a career within real-estate. As a result of the hard work and dedication he exerted as a real-estate sales agent, he was awarded with a promotion of becoming managing partner to one of the most successful real-estate investment firms in the nation, Hager Pacific Properties. Operating out of Encino, California since 1986, Hager Pacific Properties is a privately owned firm that not only endeavors in the investment of commercial properties, but they too lend a hand in the development of them as well. Moreover, as a managing partner to the firm, Milstein is endowed with the responsibility to oversee the management of finance matters.

However, in addition to managing business for Hager Pacific, Adam Milstein’s other major priority lies within his humanitarian commitments to the Jewish community. With the notion to provide the youth with leadership opportunities, fund Pro-Israel organizations, and preserve Jewish heritage, he and his wife founded the Adam and Gila Milstein Family Foundation in 2000 to do just that. As part of the funding process to the non-profits, Adam even established a Donor Forum to allow organizations to skip the typical long waiting period for grants by receiving faster funding via the forum for their cause upon a presentation approval. Furthermore, as a chairman and founder of the Israeli American Council (IAC), Adam Milstein is able to globally extend his reach to the Jewish community by increasing kinship among the State of Israel and the U.S. as a means of striving to promote world peace and end anti-Semitism.

https://www.youtube.com/watch?v=KOWewH1XpLU

Dr. Mark Mckenna: The Power of Technology-Fused Medical Services

Posted on 13 August, 2018 in Business, CEO, Doctors, Entrepreneur, Founder, Plastic Surgeon, Real Estate

Looking at the modern trend, it’s evident that physical appearance is everything. With the way cosmetic procedures have become popular in the United States, everyone is just concerned about how they look. Cosmetic procedures were once a preserve for the famous and rich, but things have changed today. Through the efforts of some medical professionals, cosmetic surgeries have become easily accessible, more affordable, safer, and wildly acceptable. These surgical procedures are minimally invasive to improve one’s appearance effectively. Dr. Mark McKenna is among the medical professionals who have fused technology in the medical field to make cosmetic procedures affordable.

Breast augmentation, liposuction, rhinoplasty, and face-lifts are some of the cosmetic procedures people go for today. While these procedures have become a necessity for many people, time remains a notable challenge. Doctor McKenna noticed this problem, and he thought OVME would be a profound solution for it. OVME fuses technology and medicine to make cosmetic procedures enticing to the clients. Dr. Mark McKenna was in the medical school at Tulane University for his medical degree. His father was a medical doctor. McKenna joined him to learn some of the medical skills and practice discipline he needed to change people’s lives.

The State Board of Medical Examiners of Georgia and Florida has licensed McKenna in surgery and medicine. Besides being avid about the medical field, he also has a strong interest in entrepreneurship. Among the various real estate companies, McKenna has established in New Orleans include McKenna Venture Investments among other investment firms. He channeled all his focus in the real estate business when he relocated to Atlanta, Georgia. Dr. Mark McKenna came up with an aesthetic and wellness medical practice called ShapeMed while he was in Georgia.

Before McKenna started OVME Cosmetics, he sold ShapeMed to Life Time Fitness in 2014. He serves as the OVME’s CEO today. OVME offers top-notch cosmetic healthcare services, and many people esteem it because of its client-oriented and elective nature. McKenna says technology makes elective surgical procedures more convenient for the patients. The technology also helps the patients schedule cosmetic appointments and access account information through the online portfolio. OVME offers high-quality weight loss programs, Botox, and dermal fillers to the clients across the globe. Dr. Mark McKenna uses some diagnostic tests in his laboratory to find out the hormone and vitamin levels in the patient’s body before comprehensive cosmetic surgery is done.

https://www.bizjournals.com/atlanta/potmsearch/detail/submission/6453019/Mark_Mckenna

GreenSky Credit Shines the Light of Technology in the Financial Lending Sector

Posted on 13 August, 2018 in Apps, Business, CEO, Company, Education, Entrepreneur, Founder, Investment, Investor, technology

Technology has been greatly embraced in the finance sector due to the manner in which it has been transforming the operations of the involved organizations. Through technological advancements, a lot of activities in the finance industry have been made easier to handle and also minimizing the chances of loss-making by the forms. However, this advancement in the technology has taken years to reach the lending and credit sector. Many lenders and creditors have been engaging their customers in a prolonged process of filling in forms with volumes of details so that they can access credit from their facilities. These tedious processes have been brought to an end by GreenSky Credit with their recent innovation of an online platform that will enable Creditors to assess and evaluate their customers more conveniently before they access their credit facilities.

After the formation of GreenSky Credit in 2006, the main focus of the company is to ensure convenience and efficiency in the manner in which credit customers are served. It has been very normal for the financial institutions to subject their borrowers to tedious processes of the loan application which sometimes have resulted in frustrations to the borrowers. GreenSky Credit, led by its Principal, David Zalik, realized this market gap and decided to fill it. Instead of providing funds directly to the borrowers, the organization acts as a lender to these creditors. Then it’s the obligation of the financial institutions to vet their customers and ascertain that their creditworthiness is unquestionable and approve them for the access of the funds. Then the obligation of GreenSky Credit follows to disburse the approved funds into the accounts of the borrowers.

The benefit of this platform to the clients is the ease at which they can access credit funds, without filling the tedious forms that they used to fill in the past. Also, the unnecessary scrutiny to which the customers were subjected has also been eradicated. No need to disclose minor details about their families and background to access the funds. To the lenders, GreenSky Credit acts as their surety for the availability of funds whenever the customers borrow.

https://tritonstone.com/faqs-about-greensky/

The Strong Success Pillars of Fortress Investment Group

Posted on 28 July, 2018 in Founder, Investor

For many companies to survive in a competitive market like the investment management industry, they have relied on the economic situations and movements. This has been a great drawback for these organizations because they all tend to collapse or face financial difficulties when the economic conditions change adversely. They find it difficult to survive economic crises because their success pillars are laid on weak foundations. This has been a bit different for Fortress Investment Group. The successful company started its operations two decades ago as a small private equity firm which has grown to the huge alternative asset management company that it is today.

However, this has not been achieved with ease; it has been through proper adherence of the company’s foundation pillars and the strategic plans that were laid in the beginning to ensure that Fortress Investment Group becomes the dream investment management company that the founders intended to build. Among the pillars that have kept the company’s performance moving forward is its asset-based strategy of making investments. At the foundation stage, the firm only managed private equity which acted as its main source of funds and capital. However, with the introduction of new leadership from other prominent companies where the leaders had acquired cast experience on investment.

For instance, when Peter Briger joined Fortress Investment Group, he introduced the credit and hedge fund section of the company which he is still the head to date. Under his leadership and guidance, the operation section has been showing excellent performance that has even led him to win several industry awards like the best hedge fund manager for several years in a row. Other asset strategies have been introduced in the course of the company’s existence, which have greatly contributed to the rapid growth of the organizations managed assets as reported at the end of last year. Some of these assets include real estate, credit find, permanent capital strategies and other traditional assets.

Fortress Investment Group has penetrated into many states and countries around the world. The company has opened satellite offices in different parts of the world to ensure that their services reach their customers and clients efficiently.

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OSI Food Solutions Provides High-Quality Food to International Markets

Posted on 13 July, 2018 in Founder, OSI Group

The Forbes List ranks OSI Food Solutions the 58th largest company in the world. From the history of immigrants penetrating the United States of America, OSI Food Solutions has vastly developed into a revolutionary food provider for many states. Currently, the CEO is Sheldon Lavin who is assisted by the president, David McDonald. Behind the success of this company are happy employees who enjoy working at the firm. But why do people enjoy the services provided by OSI Group?

Background

OSI Group is the world’s premier food supplier for value-added products. The company is privately owned, and its central office is in Chicago, and it provides invaluable services. With the firm’s extensive capabilities to provide custom food and chain management services to the clients, OSI Food Solutions has vastly become a major distributor for food supplies in different countries. As of now, the firm has about 20,000 workers who serve in 65 different facilities. These facilities are spread across 17 countries. OSI Group buys former Tyson Foods plant in Chicago.

If you are a health freak, then, OSI Group is one company that fully caters to your needs. With the help of different leaders, the firm has managed to expand its horizons to other cities and states. Some of the acquisitions that have propelled OSI Solutions towards global growth and development include;

The Baho Foods Acquisition

In 2016, OSI Group acquired Baho Foods. This company is Dutch-based and provides processed foods to the larger European market. This acquisition was facilitated by the presence of resources in the company. Besides, the availability of great leaders also made it possible for the company to acquire this food processing facility.

Tyson Food Plant

Another acquisition the company delved into is the Tyson Food Plant acquisition. In this acquisition, the company spread its risks across the Chicago area. Since Tyson Food Plant majors in the production of meat-based products, it is also an additional scope of service provision strategy to the company.

The Observation

With the two major acquisitions, OSI Group is better positioned to expand its services to a broader client base. For that reason, the company has continued to garner more clients from different states.

To know more click: here.

George Soros Boosts Charity To Support Democracy

Posted on 09 January, 2018 in Founder, Leader

Billionaire hedge fund baron George Soros has given away the bulk of his wealth, some $18 billion to his charity foundation named Open Society Foundations. The donated wealth covers 80 percent of the affluent donor’s total net worth.

Soros founded Open Society Foundations in 1987 to promote democracy and human rights. The foundation works in more than 100 countries on areas such as refugee relief, public health, and human rights.

The Hungary born baron announced the bulk transfer of wealth in October 2017. The hefty corpus makes Open Society the second-biggest charity organization in the United States next to Bill and Melinda Gates Foundation.

Ranked as the 29th wealthiest person in the world the net worth of Soros was $23 billion before the wealth transfer to his charity.

Of late, Soros has expanded his organization’s focus to the United States with investments in programs that fight for the rights of gays and lesbians and to reduce police excesses on them.

Intensely Watched Donor

The benevolence of Soros as a leading donor patronizing progressive causes in the United States and for democracy across the world has made him a profoundly watched donor.

Soros became an international phenomenon when he made a fortune of $1 billion after short selling the British pound in 1992. The exemplary genius of Soros in taking the best investment decision after tracking the market pulse made him a doyen in financial markets with a superman image in public mind.

Conspiracy Theories Against Philanthropists

However, massive fund infusion to his philanthropy has reinforced the fears of his antagonists. Soros has been the most prominent financier of Democrats since the 2000s and a target of conservatives. They also see Soros hand in the NFL protest organized by Colin Kaepernick and the Women’s March.

The hedge fund billionaire made big news when he declared his intent to spend his entire fortune to stop President George W. Bush from winning a second term and paid a record $27 million during the campaign.

Soros had many reasons including ideological in backing Democrats and made him the eyesore of conservatives.

Philanthropists find the US a hospitable political system to thrive, but conspiracy theories will haunt them irrespective of political affiliations.

All political narratives harbor a suspicion of concentrated power. Progressives are worried that wealthy barons are seeking to dominate the federal government while Conservatives are wary of charity networks, think tanks, and private foundations for influence on public opinion.

Philosophical Influences on Soros

Soros in a paper Capitalist Threat To Open Society has explained his ideological moorings behind the funding programs.

In his words, unchecked capitalism and the influx of market values are corroding the fabric of democratic societies.

The main threat to open society is coming from capitalism and not from any communist oligarchy, according to Soros.

The “open society” concept of Henri Bergson, later popularized by philosopher and thinker Karl Popper had a decisive influence on Soros.

Soros studied Popper and found the answer to his quest for ultimate truth. He noticed that despite humans living in the same universe their perceptions have the power to impact the events if they participate in them.

To know more click: here.

Sahm Adrangi Talks With a Former Hedge Fund Analyst

Posted on 09 November, 2017 in Founder, Investment Management

Sahm Adrangi wrote a heartfelt piece talking about an Ode to Those Who Wonder. Soon after Sahm published the publication, a former Wall Street bond trader who has turned to a credit analyst reached out to him. The two chatted over the weekend, and the analyst noted that he had been closely following Sahm Adrangi’s work on GNC.

The analyst is a hard-charging Penn State graduate. He landed an internship on the credit desk at Merrill Lynch in New York City through networking and sheer hustle. He has a way of clicking well with people and the surroundings, which together with his hard work enabled him to work for three more years at Merrill. He then parlayed his expertise into a credit trading task at a $3 billion hedge fund known as Longacre. It was a coincidence that his time at Longacre ended at the same time as Sahm’s. He then moved to the credit team for Paulson & Co, where he is making about $6 billion shorting mortgage bonds. He left Wall Street in 2015 after deciding to quit.

About Sahm

Sahm founded Kerrisdale Capital Management. He is also the chief investment officer who has been involved in various aspects of the company’s development since it was established in 2009. When developing the firm, Sahm only spent nothing more than one million dollars. However, the business has grown over the years and it currently, as of July 2017 manages about $150 million. Sahm is well-known for short selling and publishing research. He shares his views on stocks such as overhyped shorts and under-followed longs that most investors and the market at large misunderstand. Kerrisdale carries out research that aims at correcting the misconceptions about the fundamental business prospects of the companies.

Besides publishing research, Sahm is an activist in several investments. Sahm engaged with Lindsay Corporation management in 2013 to enhance the cash deployment and capital allocation policies of the company. Sahm began his financial career in credit at Deutsche Bank by carrying out leveraged and high-yield loan debt financing. He has also been a speaker at several conferences such as the Activist Investor conference, Value Investing conference, and distressed debt investing conference.

Learn More: www.kerrisdalecap.com/